Tag: dealership news
A closer look at Qatar’s vision for a high-tech, mobile future
Welcome back to the latest episode of The Future of Automotive on CBT News, where we put recent automotive and mobility news into the context...
Beyond Reach: How new car prices are leaving consumers behind
What if you could predict the future? Imagine if that prediction wasn't based on some crystal ball but rather on a keen observation of...
Tesla abandons ‘gigacasting’ production process amid cost-cutting measures
According to a recent report by Reuters, the Austin-based EV manufacturer Tesla has abandoned its plan to advance gigacasting, a groundbreaking production process. This...
Carvana posts record-breaking Q1 profits after aggressive restructuring
Carvana posted record-breaking earnings for the first quarter in a dramatic recovery from early 2023, underlining the impact of an aggressive restructuring effort over...
Cadillac VP aims to offer a full EV lineup by 2030...
During a press conference on May 1st, the Vice President of Global Cadillac, John Roth, announced that while the company plans to continue selling...
Federal Reserve leaves interest rates unchanged after worrying inflation trends
The Federal Reserve left interest rates unchanged after its policy hearing on Wednesday, marking the central bank's sixth consecutive meeting without making any adjustments to its...
UAW Local 869 plans strike authorization vote over health and safety...
UAW Local 869 has announced a critical strike authorization vote set for Monday. The vote will address health, safety, and contractor grievances at Stellantis'...
Ford University to boost employee engagement, fill knowledge gaps
Ford's new training platform, Ford University, aims to leverage artificial intelligence and modernized education practices to boost dealership employee knowledge and prepare the retail...
Aftermarket service shops see higher ratings in 2024
Customer satisfaction with aftermarket service providers improved this year, intensifying the rivalry between franchised dealers and third-party repair and maintenance shops.
After tracking a rating...
NHTSA finalizes life-saving automatic emergency braking rule
The National Highway Traffic Safety Administration (NHTSA) has finalized a rule requiring automatic emergency braking (AEB) systems in all new passenger cars and light...
